Coinbase Pre-IPO Perps Push Crypto Rails Deeper Into Private Markets
TL;DR Coinbase has launched pre-IPO perpetual futures, beginning with SpaceX exposure for eligible non-US traders. The product turns private-company price speculation into a 24/7 crypto-rails derivatives market. The opportunity is clear, but so are the risks: these contracts are synthetic, volatile and not the same as owning private shares. Private-Market Exposure Moves Onto Crypto Rails… Continue reading Coinbase Pre-IPO Perps Push Crypto Rails Deeper Into Private Markets